Amphenol Corporation $APH Shares Sold by Elk River Wealth Management LLC

Elk River Wealth Management LLC cut its holdings in Amphenol Corporation (NYSE:APH) by 4.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 103,372 shares of the electronics maker’s stock after selling 5,311 shares during the period. Amphenol accounts for about 1.8% of Elk River Wealth Management LLC’s holdings, making the stock its 12th biggest position. Elk River Wealth Management LLC’s holdings in Amphenol were worth $13,983,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Tucker Asset Management LLC acquired a new stake in shares of Amphenol during the 4th quarter worth $26,000. Board of the Pension Protection Fund acquired a new stake in shares of Amphenol during the 4th quarter worth $27,000. Towne Trust Company N.A acquired a new stake in shares of Amphenol during the 4th quarter worth $34,000. Laurel Wealth Advisors LLC acquired a new stake in shares of Amphenol during the 4th quarter worth $34,000. Finally, Riggs Asset Managment Co. Inc. increased its holdings in shares of Amphenol by 200.0% during the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after buying an additional 168 shares during the last quarter. 97.01% of the stock is currently owned by institutional investors and hedge funds.

Amphenol Stock Up 3.2%

Shares of Amphenol stock opened at $122.96 on Thursday. The company has a fifty day moving average price of $134.76 and a 200 day moving average price of $138.78. The company has a current ratio of 1.71, a quick ratio of 1.26 and a debt-to-equity ratio of 1.18. Amphenol Corporation has a twelve month low of $83.44 and a twelve month high of $167.04. The stock has a market cap of $151.27 billion, a price-to-earnings ratio of 35.33, a price-to-earnings-growth ratio of 1.04 and a beta of 1.29.

Amphenol (NYSE:APH) last announced its quarterly earnings results on Wednesday, April 29th. The electronics maker reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.11. Amphenol had a net margin of 17.24% and a return on equity of 37.44%. The firm had revenue of $7.62 billion during the quarter, compared to analysts’ expectations of $7.08 billion. During the same period in the prior year, the company earned $0.63 EPS. The firm’s revenue was up 58.4% on a year-over-year basis. Amphenol has set its Q2 2026 guidance at 1.140-1.160 EPS. Equities research analysts forecast that Amphenol Corporation will post 4.76 earnings per share for the current fiscal year.

Amphenol Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 23rd will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, June 23rd. Amphenol’s dividend payout ratio is presently 28.74%.

Analyst Ratings Changes

A number of research firms have recently commented on APH. Seaport Research Partners restated a “buy” rating and set a $215.00 price objective on shares of Amphenol in a report on Thursday, April 30th. Weiss Ratings restated a “buy (b)” rating on shares of Amphenol in a report on Monday, April 20th. Truist Financial upped their price objective on Amphenol from $182.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Rothschild & Co Redburn upped their price objective on Amphenol from $160.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, Piper Sandler set a $165.00 price objective on Amphenol in a report on Tuesday, March 17th. Thirteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $176.53.

Insiders Place Their Bets

In other Amphenol news, CEO Richard Adam Norwitt sold 61,072 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $143.90, for a total value of $8,788,260.80. Following the completion of the transaction, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at $277,368,257.30. This represents a 3.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 130,775 shares of company stock valued at $18,709,350. Corporate insiders own 1.42% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.